Jul 24, 2012

Where the Drought Hits Hardest

Analysts say the notable aspect of this drought is its rapid increase in intensity since the beginning of July, spanning the crucial crop development period. As the percentage of total cropland under severe or greater drought increased from 17% to 39% (a 56% increase), the total value of crops increased from 16% to 31%, and the total value of cattle increased from 16% to 44%, USDA economists report....More

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